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    4934-44 Coronado Avenue

    San Diego, CA 92107
    • $2,800,000
    • STATUS: SOLD
    • ON SITE: 240 days
    • ID#: 200005255
    Sold - 04/01/2020
    $2,800,000
    SOLD - 04/01/2020
    • 3
      BEDS
    • 0.24
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Rare South Ocean Beach gem, featuring mainly cottage-style units with no shared walls, spread across 1.5 times the typical South OB lot, which is walking distance from Santa Cruz Cove Beach (2 blks), OB Pier (3 blks), and OB Noodle House Bar 1502, among other local dining staples (4 blks). The property contains seven (7) one-bedroom/one-bathroom units, averaging +/-530 SF, with four garage spaces, and four surface parking spaces. Units feature pitched roofs, primarily hardwood or tile floors, dual-pane vinyl windows, privacy screen doors, updated fixtures and appliances. These units show very well, and are in turnkey condition. Spread over +/-10,500 SF of land, there is ample space and natural light flowing through the units, as well as a common area lawn, and beautifully maintained drought-tolerant landscaping.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
    www.triolorealty.com/homes/102834422
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    4934-44 Coronado Avenue San Diego, CA 92107

    • Price: $2,650,000
    • Status: SOLD
    • Updated: 37 min ago
    • ID#: 200005255
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.24
    Acres
    Neighborhood:
    Ocean Beach (92107)
    County:
    San Diego
    Area:
    Ocean Beach (92107)
    Property Description
    Rare South Ocean Beach gem, featuring mainly cottage-style units with no shared walls, spread across 1.5 times the typical South OB lot, which is walking distance from Santa Cruz Cove Beach (2 blks), OB Pier (3 blks), and OB Noodle House Bar 1502, among other local dining staples (4 blks). The property contains seven (7) one-bedroom/one-bathroom units, averaging +/-530 SF, with four garage spaces, and four surface parking spaces. Units feature pitched roofs, primarily hardwood or tile floors, dual-pane vinyl windows, privacy screen doors, updated fixtures and appliances. These units show very well, and are in turnkey condition. Spread over +/-10,500 SF of land, there is ample space and natural light flowing through the units, as well as a common area lawn, and beautifully maintained drought-tolerant landscaping.
    Exterior Features

    Construction FrameStucco Exterior Fully LandscapedWood Fence Parking GaragesSpaces Roof Composition

    Interior Features

    Cooling Other Floor Coverings HardwoodTile Floors Wood Heating Wall Laundry Leased Sq Ft Of Improvement 3716 Stories 1 Story Units With Dishwashers 2 Units With Ranges 7 Units With Refrigerators 7

    Property Features

    Actual Cap Rate 3.95 Actual Gross Scheduled Income 143100.0 Actual Operating Expense 47000 Actual Vacancy And Credit Loss 3031 Assumable Finance 0 Buildings 7 Existing Financing Clear Financial Information Source Owner Fiscal Year From 20 Fiscal Year To 21 Gross Equity 2650000 Gross Multiplier 17.48 Have Property Mandatory Remarks None Known Market Area Coastal South Monthly Rent Total 11925 Motive Want Sell Other Income Actual 8472 Other Income Amount 705 Other Income Source Parking+ Sq Ft Source Tax Record Terms CashCash To New Loan Unit Number1 2 Unit Number2 4 Unit Number3 1 Unit Rent Total1 3450 Unit Rent Total2 6480 Unit Rent Total3 1995 Unit Rent1 $1725 Unit Rent2 $1620 Unit Rent3 $1995 Unit Type Other/Remarks

    Listing provided courtesy of Palma Commercial. Listing information © 2020 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS, Inc. Licensed in the state of California.
     
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    Keller Williams - Triolo Realty Group
    12780 High Bluff Drive, Suite 130
    San Diego CA, 92130